Oracle FLEXCUBE Direct Banking...Introduction User Manual Oracle FLEXCUBE Direct Banking Corporate...

Oracle FLEXCUBE Direct

Banking User Manual Corporate Term Deposit

Release 12.0.3.0.0

Part No. E52543-01

April 2014

User Manual Oracle FLEXCUBE Direct Banking Corporate Term Deposit ii

Corporate Term Deposit User Manual

April 2014

Oracle Financial Services Software Limited

Oracle Park

Off Western Express Highway

Goregaon (East)

Mumbai, Maharashtra 400 063

India

Worldwide Inquiries:

Phone: +91 22 6718 3000

Fax:+91 22 6718 3001

www.oracle.com/financialservices/

Copyright © 2008, 2013, Oracle and/or its affiliates. All rights reserved.

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

U.S. GOVERNMENT END USERS: Oracle programs, including any operating system, integrated software, any programs installed on the hardware, and/or documentation, delivered to U.S. Government end users are “commercial computer software” pursuant to the applicable Federal Acquisition Regulation and agency-specific supplemental regulations. As such, use, duplication, disclosure, modification, and adaptation of the programs, including any operating system, integrated software, any programs installed on the hardware, and/or documentation, shall be subject to license terms and license restrictions applicable to the programs. No other rights are granted to the U.S. Government.

This software or hardware is developed for general use in a variety of information management applications. It is not developed or intended for use in any inherently dangerous applications, including applications that may create a risk of personal injury. If you use this software or hardware in dangerous applications, then you shall be responsible to take all appropriate failsafe, backup, redundancy, and other measures to ensure its safe use. Oracle Corporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications.

This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws. Except as expressly permitted in your license agreement or allowed by law, you may not use, copy, reproduce, translate, broadcast, modify, license, transmit, distribute, exhibit, perform, publish or display any part, in any form, or by any means. Reverse engineering, disassembly, or decompilation of this software, unless required by law for interoperability, is prohibited.

The information contained herein is subject to change without notice and is not warranted to be error-free. If you find any errors, please report them to us in writing.

This software or hardware and documentation may provide access to or information on content, products and services from third parties. Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third-party content, products, and services. Oracle Corporation and its affiliates will not be responsible for any loss, costs, or damages incurred due to your access to or use of third-party content, products, or services.

http://www.oracle.com/financialservices/

User Manual Oracle FLEXCUBE Direct Banking Corporate Term Deposit iii

Table of Contents 1. Preface ................................................................................................................................................. 4 2. Transaction Host Integration Matrix ................................................................................................. 5 3. Introduction ......................................................................................................................................... 6 4. Term Deposit Details .......................................................................................................................... 7 5. Term Deposit Activity ...................................................................................................................... 19 6. Open Term Deposit .......................................................................................................................... 24 7. Amend Term Deposit ....................................................................................................................... 30 8. Redeem Term Deposit ..................................................................................................................... 37 9. Contract Deposit Details .................................................................................................................. 50 10. Contract Term Deposit Initiate ..................................................................................................... 54 11. Structured Deposit Subscription ................................................................................................. 59 12. Structured Term Deposit Status .................................................................................................. 63

Preface

User Manual Oracle FLEXCUBE Direct Banking Corporate Term Deposit 4

1. Preface

1.1 Intended Audience

This document is intended for the following audience:

Customers

Partners

1.2 Documentation Accessibility For information about Oracle's commitment to accessibility, visit the Oracle Accessibility Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.

1.3 Access to OFSS Support

https://support.us.oracle.com

1.4 Structure This manual is organized into the following categories:

Preface gives information on the intended audience. It also describes the overall structure of the User Manual.

Transaction Host Integration Matrix provides information on host integration requirements for the transactions covered in the User Manual.

Introduction provides brief information on the overall functionality covered in the User Manual.

Chapters post Introduction dedicated to individual transactions and its details are covered in the User Manual.

1.5 Related Information Sources For more information on Oracle FLEXCUBE Direct Banking Release 12.0.3.0.0, refer to the following documents:

Oracle FLEXCUBE Direct Banking Licensing Guide

Oracle FLEXCUBE Direct Banking Installation Manuals

http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc

https://support.us.oracle.com/

Transaction Host Integration Matrix


2. Transaction Host Integration Matrix

Legends

NH No Host Interface Required.

Host Interface to be developed separately.

Pre integrated Host interface available.

Pre integrated Host interface not available.

SR Service Requests

Transaction Name FLEXCUBE UBS Third Party Host System

Open Term Deposit

Amend Term Deposit

Redeem Term Deposit

Term Deposit Details

Top-Up Term Deposit

Term Deposit Activity

Structured Deposit Subscription

View Subscription Status

Contract Deposit Details

Contract Term Deposit Initiate

Open Contract Deposit

Introduction


3. Introduction

The Term Deposit is a deposit held with a fixed amount and for a fixed term. The amount deposited is called the Principal Amount on which interest is paid. The term for which the deposit is made is the Tenure of the deposit. The amount deposited can only be withdrawn at the end of this tenure i.e. at maturity. The Principal Amount may be withdrawn from the term deposit before maturity. This is known as Redemption and may be Partial or Full.

The Term Deposit module allows you to open a Term Deposit Account. The Term Deposits module includes transactions which enable you to view the Term Deposit Account Details, View Term Deposit Account Activity, Open a New Term Deposit Account, Amend Term Deposits and Redeem Term Deposits through their respective modules.

The Term Deposit module includes Contract Deposits which allow you to Initiate a Contract Deposit as well as View a Contract Term Deposit. The Contract Term Deposits are having similar functionality as normal Term Deposits but are integrated with the Corporate Deposits Module of FCUBS.

The Structured Term Deposit is a deposit that acts as an investment product. In addition to getting a fixed interest on the Principal Amount of the Term Deposit, you also gain a profit as a percentage of the amount invested.

In case of Islamic Term Deposits a profit is paid by the bank to the user.



4. Term Deposit Details

Using this option you can view the Term Deposit Account Details of the particular customer. It displays basic details of the deposit account like maturity date, maturity amount.

To Access the Term Deposit Details:

1. Navigate to Accounts > Deposits > Term Deposit Details.


Note: If you click the Term Deposit Details link on the popup screen of Conventional Term Deposit Account Numbers, it will show Deposit Details for the Conventional Term Deposit Accounts.

If you click the Term Deposit Details link on the popup screen of Islamic Term Deposit Account Numbers, it will show Deposit Details for the Islamic Term Deposit Accounts.

Both the screens are shown below respectively.

Note: The Term Deposits where the Redemption is Full or Matured can be seen under the Closed Term Deposits section.

The Closed Term Deposits also displays the Term Deposit Summary and the Term Deposit Details.

The Term Deposit Details link of Closed Term Deposits, if clicked, displays both Conventional and Islamic Term Deposit Accounts.



For Conventional and Islamic TD Accounts:

Field Description

Field Name Description

For Active Term Deposit

TD Details [Icon]

Displays the Conventional and the Islamic Term Deposit Details, depending upon the Account Type selected.

Top-Up TD [Icon]

Displays the Top-up Term Deposit screen with the selected Account Details.

Redeem TD [Icon]

Displays the Redeem Term Deposit screen with the selected Account Details.

Amend TD [Icon]

Displays the Amend Term Deposit screen with the selected Account Details.

TD Activity [Icon]

Displays the Term Deposit Activity with the Current Period as a Search Criterion for the selected account.

Adhoc Account Statement

[Icon]

Displays the Adhoc Account Statement Request screen with the selected Account Details.

Field Description


For Closed Term Deposit

TD Details [Icon]

Displays the Conventional and Islamic Term Deposit Details screen depending upon the Account Type selected.

TD Activity [Icon]

Display the TD Activity with the Current Period as a Search Criterion for the selected Account.

The account shall be pre-selected with closed TD option selected.

2. Click the Term Deposit Details link from the popup screen as shown encircled in the above screen. The system displays the Term Deposit Details screen.



Note: If you click the Term Deposit Details link on the popup screen of Conventional Term

Deposit Account Numbers, it will show Deposit Details for the Conventional Term Deposit

Accounts.

If you click the Term Deposit Details link on the popup screen of the Islamic Term Deposit Account Numbers, it will show Deposit Details for the Islamic Term Deposit Accounts.

Both the screens are shown below respectively.


The E-Receipt is displayed in the following format.

E-receipt

Note: The Term Deposits where the Redemption is Full or Matured can be seen under the Closed Term Deposits section.



The Closed Term Deposits also displays the Term Deposit Summary and the Term Deposit Details.

The Term Deposit Details link of Closed Term Deposits, if clicked, displays both Conventional and Islamic Term Deposit Accounts.

Field Description


Account Details

Customer Id [Display]

This field displays the Customer Id.

Account Number [Display]

This field displays the Account Number of the customer.

Product Name [Display]

This field displays the Product Name of the TD.

Holding Pattern [Display]

Displays the Holding Pattern selected for the TD.

Mode of Operation [Display]

Displays the Mode of Operation for the TD.

Primary Customer [Display]

Displays the Customer ID of the user.

Account Holder Name

[Display]

Displays the Name of the Account Holder.

Joint Customer1 [Display]

Displays the Customer ID of the user.

This field is repeated for each of the Joint Holder, in case Multiple Joint Holders exist for a deposit.

In case of Multiple Joint Account Holder, the label appears as ‘Joint Customer 2’ and so on.

Account Holder Name1

[Display]

Displays the name of the Account Holder.

This field is repeated for each of the Joint Holder, in case Multiple Joint Holders exist for a deposit.

In case of Multiple Joint Account Holder, the label would be ‘Account Holder Name 2’ and so on.

Deposit Details




Interest Rate [Display]

Displays the Rate of Interest applicable for the Term Deposit.

Note: This field is displayed for Conventional TD Accounts.

Maturity Amount [Display]

Displays the Maturity Amount of the Term Deposit.

Maturity Date [Display]

This field displays the date when the deposit matures.

Current Principal Amount

[Display]

This field displays the Principal Amount.

Deposit Date [Display]

This field displays the date when the amount was deposited.

Original Principal Amount

[Display]

Displays the Original Principal Amount.

Value Date [Display]

Displays the Value Date of the Term Deposit as maintained by the host.

Net Credit Amount [Display]

Displays the Amount which was credited on maturity of this deposit.

This field is shown only for the Closed Deposit.

Hold Amount [Display]

This field is not displayed for the Closed Deposits.

Displays the Hold Amount for the Term Deposit as maintained at the host.

Term of Deposit [Display]

Displays the Term of Deposit for the respective product as maintained by the host.

Deposit Certificate Number

[Display]

Displays the Certificate Number (Unique Number) as assigned by the host, for the respective Term Deposit.

Tax + Penalty/other Charges

[Display]

This field is displayed only for Closed Deposit.

Displays the Tax and Other Charges deducted during the maturity of this deposit.




Currency [Display]

This field displays the Currency of the amount deposited.

Current Balance [Display]

This field displays the Calculated Balance of the TD as of Current Date.

Term Deposit Status

[Display]

This field is not displayed for Closed Deposit.

Displays the status of the Term Deposit as fetched from the host.

Period of Deposit [Display]

This field displays the period of deposit in Years, Months, and Days.

For Example: 5 Years, 4 Months, 10 Days

Profit Rate [Display]

This field displays the Profit Rate.

Note: This field is displayed for Islamic TD Accounts.

Instructions

Maturity Instructions

[Display]

Displays the Maturity Instructions given by the user to be executed by host when the TD is matured.

Rollover Instructions

[Display]

This field displays the Rollover Instructions.

The Maturity Instructions given by the user to be executed at the time of TD Maturity.

The possible values are:

Renew Principal and Interest

Close on Maturity

Renew Principal Only and Pay out the Interest

Renew Special Amount and Pay out the Remaining amount

Special Amount Details

[Display]

This section is displayed only if the Maturity Instruction is “Renew Special Amount and Pay out the Remaining amount”




Rollover Amount [Display]

This field is displayed only if the Maturity Instruction is “Renew Special Amount and Pay out the Remaining amount”.

Displays the amount to be rollover, in case of Rollover Instruction is Renew Special Amount.

Payout Details

Pay Out Details [Display]

This section is displayed only if the Maturity Instruction is not “Renew Principal + Interest”.

Displays the Pay Out Details of the Deposit upon Maturity. There can be Multiple Payout Instructions for the one Deposit Account.

Pay Out Type [Display]

The Pay Out Type options configured for the account.

The values to be available are:

Transfer to Internal Bank Account

Transfer through Domestic Clearing Network

Issue a Demand Draft

Open a New Term Deposit

Percentage [Display]

This field displays the Percentage of Payout Amount to be transferred using the Payout option.

In case of Single Payout (100 % payout), % of payout are not displayed on the screen (for both retail as well as corporate).

Additional Information

[Display]

This field displays the information like Bank Code, Branch Code etc.

Redemption Details

Redemption Date [Display]

Displays the Date on which redemption is done.

Redemption Amount

[Display]

Displays the Amount of redemption done.

Redemption Reference Number

[Display]

Displays the Redemption Reference Number after redemption.

New Principal Amount

[Display]

Displays the Principal Amount after redemption.




Redemption Type [Display]

Displays the Redemption Type for partial redemption.

Payout Mode [Display]

Displays the Payout Mode selected for redemption.



Issue a Demand Draft


[Display]

Displays the Account Number or Draft Favoring Details as per the applicable Payout option.

Back [Action Button]

Click Back to go back to the previous page.


[Action Button]

Click Term Deposit Activity to check Deposit Activity Details.

e-receipt [Action Button]

Click e-receipt to generate an e-receipt for the same transaction.

3. Click the Back Button on the Term Deposit Details screen to return to the previous screen. OR Click the Term Deposit Activity button. The system displays the Term Deposit Activity screen (For details, refer to the section Term Deposit Activity).

4.1 Top-Up Term Deposit

A new option called ‘Top-up’ is added in the Term Deposit Details transaction against each TD on the drilldown. The Top-up option is displayed only for TDs for which Top-up is permitted based on product parameters. This will be maintained at the Host.



Top-Up Details

Field Description


Top-Up Details

Note: The Top-Up is not applicable for Islamic TD products.

Top-Up Date [Display]

Displays the Date on which Top-Up is done.

Top-Up Amount [Display]

Displays the Top-Up Amount.

Top-Up Reference Number

[Display]

Displays the Top-Up Reference Number after Top-Up is done.

Revised Principal Amount

[Display]

Displays the Principal Amount after Top-Up is done.

Revised Maturity Amount

[Display]

Displays the Revised Maturity Amount.

Narration [Display]

Displays the Description put by the user during Top-Up.



1. Click the Back button on the Term Deposit Details screen to return to the previous screen. OR Click the Top-up this Deposit button. The system displays the Top-up screen as per the Product Configuration. OR Click the Term Deposit Activity button. The system displays the Term Deposit Activity screen (For details, refer to the section Term Deposit Activity).

Top-Up Term Deposit

Top-Up Details

Field Description


Top-Up Details

Note: The Top-Up is not applicable for Islamic TD products.

Top-up Date [Display]

Displays the current date.

Source Account [Mandatory, Dropdown]

Select the desired Source Account from the dropdown.

Top-Up Amount [Mandatory, Input Box, 15]

Enter the desired Top-Up Amount.




Top-Up Details

Top-up Amount Range

[Display]

Displays the minimum and maximum range for Top-up Amount.

It also displays that amount should be in multiple of 100.00.

Narration [Optional, Input Box, 35]

Enter the Description for Top-Up.

View Interest and Maturity Projection

[Action Button]

Click the View Interest and Maturity Projection button to view the TD Maturity projection after top-up.

Submit [Action Button]

Click Submit to submit the details.

Cancel [Action Button]

Click Cancel to cancel the transaction.

The following Verify page is displayed.

Top-up Term Deposit - Verify

2. Click Confirm to confirm the details. The following page is displayed.



Top-up Term Deposit - Confirm

3. Click OK.



5. Term Deposit Activity

This option allows you to view and download the account activity for any TD Account under the Customer IDs mapped to the user. The user can get the TD Activity Details for a given period, i.e. Current Period, Previous Period, or for a specified period.

To view Term Deposit Activity:

1. Navigate to Accounts > Deposits > Term Deposit Details. The following screen is displayed.


Field Description


Type of Term Deposit

[Mandatory, Radio Button]

Select the desired option from the following options:

Active Term Deposit

Closed Term Deposit

Select Account [Mandatory, Drop-Down]

Select the TD Account to make an activity query. The drop down lists out the accounts mapped to the user from the drop-down list.

Transaction Type [Mandatory, Drop-Down]

Select the Transaction Type from the drop-down list.

The options are:

Both Debits and Credits

Only Debits

Only Credits




Search By [Mandatory, Drop-Down]

Select the period for which the TD Activity Details are required from the drop-down list.

The options are:

Current Period

Previous Period

Last n transaction

Last n days

Today’s transactions

Yesterday’s transactions

Previous fortnight

Previous month

Previous quarter

Previous 6 months

Specified Period

From Date [Conditional, Pick List]

Select the date from which the TD Account Activity has to be viewed from the pick list.

This is applicable only if the specific period option is selected in Search By field.

To Date [Conditional, Pick List]

Select the date until which the TD Account Activity has to be viewed from the pick list.

This is applicable only if Specific Period option is selected in Search By field.

From Amount [Optional, Numeric, 10]

Type the amount from which the TD Account Activity has to be viewed.

To Amount [Optional, Numeric, 10]

Type the amount until which the TD Account Activity has to be viewed.

Sort By [Optional, Drop-Down]

Select the appropriate option to sort the Search result. The options are:

Transaction Date

Value Date

Amount




Sort Order [Optional, Drop-Down]

Select the appropriate order of display.

The options are:

Descending

Ascending

2. Click the Submit button. The system displays details in the Term Deposit Activity screen.


Field Description



This field displays the TD Account Number for which the Account Activity has been displayed.




Account Currency [Display]

This field displays the Base Currency of the TD Account.

Transaction Date [Display]

This column displays the date on which the transaction was done.


This column displays the value date as per the bank for the transaction.

Transaction Reference No. [Display]

This column displays the reference, if any, for the transaction.

Description [Display]

This column displays a brief description for the transaction.

Debit [Display]

This column displays the Debit Amount of the transaction.

Credit [Display]

This column displays the Credit Amount of the transaction.

Balance [Display]

This column displays the Balance in the account after the respective transaction.

Select Download Format [Conditional, Drop-Down]

Select the Format for Download from the drop-down list. The options are:

Excel Format

PDF Format

QIF Format

QFX Format

MT940

Note: The Running Balance to be displayed if the Current Period or the Period Search is selected with Sort By Value Date option only.

3. Click the Download button. The system displays the File Download screen.



File Download

4. Click the Open button to open and view the file. OR Click the Save button to save the file. OR Click the Cancel button to close this screen.

Open Term Deposit


6. Open Term Deposit

This option allows you to open a new term deposit account with the Bank.

To open a Term Deposit:

1. Navigate to Accounts > Deposits > Open Term Deposit. The system displays the Open Term Deposit screen as shown below.

Open Term Deposit

Field Description


Existing Template [Optional, Radio button – Lookup Icon]

Select the Existing Template radio button to select the existing template to open a term deposit.

Click the Lookup icon to select the desired template from the available list of templates.

New [Optional, Radio button]

Select the New radio button to open a new term deposit.

Open Term Deposit



Customer Details

Holding Pattern [Mandatory, Radio button]

Select the radio button for the Holding Pattern.

The option are as follows:

Single: If this option is selected for the single term deposit account holder.

Joint: If this option is selected for the joint account holder.

Joint Customer Id 1 [Conditional, Alphanumeric, 10]

Type the first Joint Customer Id.

This field is enabled if the Joint radio button is selected as Holding Pattern.

Joint Customer Id 2 [Conditional, Alphanumeric, 10]

Type the second joint Customer Id.

This field is enabled if the Joint radio button is selected as Holding Pattern.

Deposit Details

Choose Deposit Product [Mandatory, Drop-Down]

Select the Deposit Product for which you wish to open a Term Deposit Account.

Source Account [Mandatory, Drop-Down]

Select the Source Account for the deposit from the drop-down list.

Deposit Amount Currency

[Optional, Drop-down]

Select the desired Currency Type from the options available in the drop-down list.

Deposit Amount [Mandatory, Numeric, 10]

Type the amount to be deposited.

Choose [Mandatory, Radio Button]

This field allows you to select Term Deposit Maturity in terms of Period of Deposit or Maturity Date.

The available values are:

Period of Deposit

Maturity Date

Open Term Deposit



Choose Period of

Deposit

[Conditional, 3, Input Boxes]

This field allows you to enter the Period (Tenor) of Deposit in terms of - Years, Months and Days.

Maturity Date [Conditional, Date picker or Read Only/Display]

This field displays the Maturity Date based on the Period chosen (Tenure) by you.

Payout Details

Maturity Instructions [Mandatory, Drop-Down]

Select the Maturity Instruction for the deposit from the drop-down list.

The options for Conventional Deposit Products are as follows:

Close on Maturity (No Rollover)

Renew Principal and Interest

Renew principal only and transfer interest to a CASA account

Renew Special Amount and Pay Out the remaining amount

The options for Islamic Deposit Products are as follows:

Close on Maturity (No Rollover) Renew Principal and Profit Renew principal only and transfer Profit to a

CASA account Renew Special Amount and Pay Out the

remaining amount

Account Transfer Options [Conditional, Drop-Down]

Select the account to which the principal and interest are to be transferred from the drop-down list.

The options are as follows:

Transfer to users mapped accounts

Transfer to internal bank account

Transfer through domestic clearing network

This field is not displayed if the Renew Principal and Interest option is selected from the Maturity Instruction drop-down list for Conventional Products and if the Renew Principal and Profit option is selected from the Maturity Instruction drop-down list for the Islamic Product.

Open Term Deposit



Account [Conditional, Alphanumeric, 20]

Type the account number to which the Interest and Principal will be transferred.

This field is enabled if the following options are selected from the Account Transfer options drop-down list.



[Conditional, Drop-Down]

Select the account to which the interest is to be transferred from the drop-down list.

This field is a drop -down list, if the Transfer to Users Mapped Accounts option is selected from the Account Transfer options drop-down list.

Network Type [Conditional, Drop-Down]

Select the Type of the Network from the dropdown list.

This field is enabled if the Transfer through Domestic Clearing Network option is selected from the Account Transfer options drop-down list.

Beneficiary Name [Mandatory, Alphanumeric, 35]

Enter the Beneficiary Name.


Bank Code [Conditional, Drop-Down]

Select the Bank Code from the pick list.


Bank Name [Display]

This field displays the Bank Name in the clearing network.

If you select Bank Code then this field will get populated automatically.

Bank Address [Display]

This field displays the Address of the bank.


Open Term Deposit



City [Display]

This field displays the city in which the bank belongs.


Rollover Amount [Conditional, Numeric, 20]

Type the amount which will be renewed at maturity.

This field is enabled if the Renew Special Amount option is selected in the Maturity Instruction field.

2. Click the Save as Draft button to create a draft version of the transaction. You can use the draft version later to initiate the payment.

Note: You can enter details in parts and save. The submission of the entered details can be done on any preferred date.

OR

Click the Save as Template button to create a payment template of the transaction. You can use the template later to initiate the payment. The Template Access Type is mandatory while saving the template. The Public Templates are available to other users of the customer whereas the Private Templates are available to user who creates it. OR Click the Submit button. The system displays the Open Term Deposit –Verify screen.

Open Term Deposit - Verify

3. Click the Confirm button. The system displays the Open Term Deposit Confirmation screen. OR Click the Change button to change the details.

Open Term Deposit - Confirmation

Open Term Deposit


4. Click E-Receipt to generate an E-Receipt of the transaction.

5. Click OK to complete the transaction.

Amend Term Deposit


7. Amend Term Deposit

This option allows you to modify the maturity instructions of the selected TD. The maturity instructions include the Principal and Interest Amount Transfer Details.

To Amend the Term Deposit:

1. Navigate to Accounts > Deposits > Amend Term Deposit. The system displays the Amend Term Deposit screen as shown below.

Amend Term Deposit

2. Click the Account Number hyperlink to view the details of the Term Deposit under that account number. The system displays the Amend Term Deposit - Initiate screen.

Amend Term Deposit - Initiate

Amend Term Deposit


Field Description


Account Details






This field displays Product Name of the term deposit.

Currency [Display]



This field displays the Balance of that Current Deposit.

Account Holder Name

[Display]

This field displays the Name of the Account Holder.

Deposit Details


This field displays the Rate of Interest.


This field displays the Maturity Amount.


This field displays the Date when the amount was deposited.

Current Principal Amount

[Display]

This field displays the Current Principal Amount.


This field displays the Date when the Deposit Matures.

Deposit Amount [Display]

This field displays the Deposit Amount.


Note: This field is displayed only for the Conventional TD Accounts.

This field displays the Interest Rate.

Amend Term Deposit




Note: This field is displayed only for Islamic TD Accounts.


Current Maturity Instructions


This field displays the Holding Pattern.


This field displays the Mode of Operation.

Original Principal Amount

[Display]

This field displays the Original Principal Amount.


Displays the Value Date.


Displays the Hold Amount.

Term of Deposit [Mandatory, Input Box]

This field displays the Period (Tenure) of deposit in Years, Months and Days.


Displays the Current Balance.


[Display]

This field displays the Deposit Certificate Number.

Term Deposit Status

[Display]

This field displays the Term Deposit Status.



Note: This field is displayed for Islamic TD Accounts.

Current Maturity Instructions


[Display]

This field displays the Maturity Instructions.

Current Payout Details

Amend Term Deposit



Payout Type [Display]

This field displays the Type of Payout configured for the account.


This field displays the Percentage of Payout Amount to be transferred.


[Display]

This field displays the additional information like Bank Code or Branch Code etc.

Payout Details


[Mandatory, Drop Down]

Select the Maturity Instruction option from the drop down list.

The options are:

Close on Maturity (No Rollover)

Renew Principal and Profit

Renew principal and payout the interest

Renew special amount and payout the remaining amount

Account Transfer Options

[Conditional, Drop-Down]

Select the account to which the Principal and Interest are to be transferred from the drop-down list.





This field is not displayed if the Renew Principal and Interest option is selected from the Maturity Instruction drop-down list.


Type the account number to which the interest and principal will be transferred.




Network Type [Conditional, Dropdown]

Select the type of the network from the dropdown list.


Amend Term Deposit





Bank Code [Mandatory, Lookup]



Bank Name [Display]

This field displays the Bank Name in the Clearing Network which will get populated automatically after the selection of Bank Code.


This field displays the Address of the bank which will get populated automatically after the selection of Bank Code.

City [Display]

This field displays the City which will get populated automatically after the selection of Bank Code.



This field will be activated only if Renew Special Amount option is selected in the Maturity Instruction field.

3. Click the Initiate button. The system displays the Amend Term Deposit - Verify screen. OR Click the Back button to go back to the previous screen.

Amend Term Deposit


Amend Term Deposit - Verify

4. Click the Confirm button. The system displays the Amend Term Deposit - Confirm screen with the status message. OR Click the Back button to go to the previous screen.

Amend Term Deposit


Amend Term Deposit - Confirm

5. Click e-receipt to generate an e-receipt for the amended transaction.

6. Click the Amend Another button to amend another term deposit account.

Redeem Term Deposit


8. Redeem Term Deposit

This option allows you to Redeem a TD on maturity or prematurely. You can do a partial or full redemption.

To Redeem Term Deposit:

1. Navigate to Accounts > Deposits > Redeem Term Deposit. The system displays the Redeem Term Deposit screen as shown below.

Redeem Term Deposit

Column Description

Column Name Description

For both Conventional and Islamic Term Deposit Accounts

Account Number



Product Name [Hyperlink]

This column displays the list of all the Conventional Deposit Product links available for the respective Account Number.

Click any desired link to display the details of the same Deposit Product.

Currency [Display]

This column displays the Currency Type for the respective Deposit Product.

Redeem Term Deposit


Column Name Description


This column displays the Current Balance for the respective Deposit Product.

GBP Equivalent [Display]

This column displays the GBP Equivalent for the Current Balance of the respective Deposit Product.

Total Term Deposit Account (GBP Equivalent)

[Display]

This field displays the GBP Equivalent value of the Total Term Deposit Accounts.

Grand Total for Conventional/Islamic TD Accounts

[Display]

This field displays the GBP Equivalent Grand Total value of the Conventional/Islamic TD Accounts.

Grand Total for All Term Deposit Accounts (GBP Equivalent)

[Display]

This field displays the GBP Equivalent Grand Total for all Term Deposit Accounts.

2. Click the Account Number link. The system displays the Redeem Term Deposit screen.

Redeem Term Deposit

Redeem Term Deposit


Field Description


Account Details






This field displays the Holding Pattern for the selected Account Number.


This field displays the Mode of Operation available for that account.



Account Holder Name [Display]

This field displays the Account Holder Name.

Deposit Details

Interest Rate [Conditional, Display]

This field displays the Interest Rate applicable for the selected account.

Note: This field is displayed only for Conventional TD Accounts.

Redeem Term Deposit



Profit Rate [Conditional, Display]

Note: This field is displayed only for Islamic TD Accounts.

This field displays the Profit Rate for the selected Islamic TD Account.


This field displays the Maturity Amount for the selected account.


This field displays the Maturity Date for the selected account.

Current Principal Amount [Display]

This field displays the Current Principal Amount for the selected account.



Original Principal Amount [Display]

This field displays the Original Principal Amount of the Term Deposit for the selected account.


This field displays the Value Date for the selected account.


This field displays the Hold Amount for the selected account.


This field displays the Term of Deposit for the selected account.


This field displays the Current Balance for the selected account.


Redeem Term Deposit



Term Deposit Status [Display]

This field displays the Status of Term Deposit for the selected account.

Current Redemption Details

Redeemable Amount [Display]

This field displays the Redeemable Amount for the selected account.

Charges / Penalty [Display]

This field displays the Charges/Penalty for the selected account.


This field displays the Net Credit Amount.


Maturity Instructions [Display]

This field displays the Maturity Instructions for the selected Account.

Payout Details


This column displays the values for Payout Type.


This column displays the values for Percentage.

Additional Information [Display]

This column displays the Additional Information for the selected account.

Redemption

Redemption Type [Mandatory, Radio Buttons]

Select the desired Redemption Type from the following options:

Full

Partial

Redeem Term Deposit



Amount [Conditional, Numeric, 15]

Type the amount for redemption. If you select Redemption Type as Full then this field will get populated with the full amount for redemption.

Currency Type [Display]

This field displays the Currency Type selected for the same account.

Account Transfer Options [Conditional, Drop-Down]



Transfer to Users Mapped Accounts





Type the Account Number to which the Interest and Principal will be transferred.


Transfer to internal Bank account


Network Type [Conditional, Dropdown]

Select the type of the network from the dropdown list.




Redeem Term Deposit



Bank Code [Mandatory, Lookup]


This field is enabled if the Transfer through Domestic Clearing Network options are selected from the Account Transfer option drop-down list.

Bank Name [Display]

This field displays the Bank Name in the clearing network which will get populated automatically after the selection of Bank Code.


This field displays the address of the bank which will get populated automatically after the selection of Bank Code.

City [Display]




This field will be activated only if Renew Special Amount option is selected in the Maturity Instruction field.

3. Click the Back button to go to the previous screen. OR Click the Redeem button. The system displays the Redeem Term Deposit - Verify screen.

Redeem Term Deposit


Redeem Term Deposit - Verification

Field Description


Account Details








Displays the Holding Pattern of the selected account.

Redeem Term Deposit




Displays the Mode of Operation for the selected account.

Account Holder Name [Display]

Displays the Name of the Account Holder.

Deposit Details


Displays the Rate of Interest.


Displays the Maturity Amount after a given period for given rate of interest.




This field displays the date when the deposit matures.

Period of Deposit [Mandatory, Input Box]

This field displays the period (Tenor) of deposit in Years, Months, and Days.

Current Principal Amount [Display]

This field displays the Current Principal Amount.

Original Principal Amount [Display]

This field displays the Original Principal Amount.

Profit Rate [Conditional, Display]

Note: This field is displayed for the Islamic TD Accounts.



This field displays the date on which transaction is accounted.


This field displays the Hold Amount.


This field displays the Term of Deposit.

Redeem Term Deposit




This field displays the Current Balance.

Deposit Certificate Number [Display]

This field displays the Deposit Certificate Number.

Currency [Display]


Term Deposit Status [Display]

This field displays the Term Deposit Status.

Current Redemption

Details

Redeemable Amount [Display]

This field displays the Total Amount if deposit is redeemed today.

Charges/Penalty [Display]

This field displays the Charges/Penalty in case the deposit is redeemed today.


This field displays the Net Redeemable Amount after deducting charges/ penalty.


Maturity Instructions [Display]

This field displays the Maturity Instructions.

Payout Details


This field displays the Type of Payout configured for the account.


This field displays the Percentage of payout amount to be transferred.

Additional Information [Display]

This field displays the Additional Information like Bank Code or Branch Code etc.

Redemption

Redeem Term Deposit



Redemption Type [Display]

Select the Redemption to be done as Partial or Full by selecting respective radio button.

Amount [Display]

Type the Amount for redemption. If you select Redemption Type as Full then this field will get populated with the full amount for redemption.

Account Transfer Options [Display]







Account [Display]

Type the Account Number to which the interest and principal will be transferred.


Transfer to internal Bank account


Network Type [Display]

Select the Type of the Network from the dropdown list.


Bank Code [Display]


This field is enabled if the Transfer through Domestic Clearing Network options selected from the Account Transfer options drop-down list.

Bank Name [Display]

This field displays the Bank Name in the Clearing Network which will get populated automatically after the selection of Bank Code.

Redeem Term Deposit




This field displays the Address of the bank which will get populated automatically after the selection of Bank Code.

City [Display]


4. Click the Confirm button. The system displays the Redeem Term Deposit - Confirm screen with the status message. OR Click the Change button to update the details entered.

Redeem Term Deposit – Confirm

5. Click e-receipt to generate an e-receipt for the transaction.

Redeem Term Deposit


E-receipt

6. Click the Redeem Another button to redeem another TD.



9. Contract Deposit Details

The Contract Deposit Details provides details of a Deposit Account maintained under Corporate Deposit module in FCUBS. Through this inquiry transaction you can get the details related to the Contract Deposit regarding the interest instruction and the maturity instruction.

Contract TD Details

Field Description



This column displays the Customer Id mapped to the User.

Contract Number [Display, Hyperlink]

This column displays the Contract Number of the Contract Term Deposit along with hyperlink to view the details.

Description [Display]

This column displays the Description of the Contract Term Deposit Product.

Currency [Display]

This column displays the Currency of the Contract Term Deposit.


This column displays the Current Balance of the Contract Term Deposit.

1. Click the Contract Number hyperlink. The system displays the Contract TD Details screen. OR Navigate through menus, Accounts > Deposits > Contract Term Deposit View to view the Contract Term Deposit Details.



Contract TD Details

Field Description


User Reference Details


This field displays the Customer Id mapped to the user.

Contract Number [Display]

This field displays the Contract Number of the Contract Term Deposit.


This field displays the Name of the Product selected.

Currency [Display]

This field displays the Currency of the Contract Term Deposit.

Balance [Display]

This field displays the Current Balance of the Contract Term Deposit.

Deposit Details

Deposit Branch [Display]

This field displays the Deposit Branch of the Contract TD.




Source Account [Display]

This field displays the Source Account of the Contract TD.


This field displays the Maturity Date of the TD.

Interest Pay Plan [Display]

This field displays the Interest Pay Plan selected.

Deposit Amount [Display]

This field displays the Deposit Amount for the TD.

Outstanding Balance [Display]

This field displays the Outstanding Balance.


This field displays the Interest Rate on the deposit.

Interest Accrued To Date [Display, Hyperlink]

This field displays the Interest occurred till the particular date.


This field displays the Value Date of the deposit.

Deposit Term [Display]

This field displays the Deposit Term.

Next Rollover Date [Display]

This field displays the Next Rollover Date for the deposit.

Rollover Count [Display]

This field displays the Maximum Number of times deposits can be rolled over.

Interest Instructions

Instructions [Display]

This field displays the Instructions given by you to be performed by the bank on the maturity of the deposit.

Account [Display]

This field displays the Account Number in which interest is to be credited.





Rollover Instructions [Display]

This field displays the instructions given by you to be performed by the bank on the maturity of the deposit.

Account [Display]

This field displays the Account Number in which interest is to be credited.

2. Click the Back button to navigate to the previous screen.



10. Contract Term Deposit Initiate

This option allows you to open a new contract based deposit.

1. Navigate through menus, Accounts > Deposits > Contract Term Deposit Initiate to initiate the opening of a new Contract Term Deposit.


Field Description


Choose Deposit Product [Mandatory, Drop-Down]

Select the appropriate Contract Deposit product from the available products in the drop-down list.

Choose Deposit Branch [Mandatory, Drop-Down]

Select the appropriate Branch from the where the deposit to be opened from the drop-down list.

Choose Deposit Currency [Mandatory, Drop-Down]

Select the appropriate currency in which the deposit to be opened from the dropdown list.

2. Click the Fetch Product Details button. The system displays product details in the Open Contract Deposit screen.




Field Description


Deposit Details

Deposit Product [Display]

This field displays the Selected Deposit Product Name.

Deposit Branch [Display]

This field displays the Branch in which deposit to be opened.

TD Currency [Display]

This field displays the Currency in which deposit to be opened.

Rollover Allowed [Display]

This field displays whether Deposit Rollover is allowed or not.

Interest Details

Sr No [Display]

This field displays the Interest Slab Serial Number.




Minimum Tenure [Display]

This field displays the Minimum Tenure of the deposit.

Maximum Tenure [Display]

This field displays the Maximum Tenure of the deposit.

Unit [Display]

This field displays the unit to measure the tenure like Days, Months.


This field displays the Interest Rate applicable for the slab.

Term Deposit - Customer


Select the Source Account for the deposit from the drop-down list.

Deposit Amount [Mandatory, Numeric, 10]

Type the Amount to be deposited.

Maturity Date [Mandatory, Pick list]

Select the Maturity Date of the term deposit from the calendar.

Interest Maturity Instructions

Instructions [Mandatory, Drop-Down]

Select the Interest Transfer instruction for the deposit from the drop-down list.

The options are:

Account Transfer

None

Account [Conditional, Drop-Down]

Select the account to which the interest is to be transferred from the drop-down list.

This field will be activated only if Account Transfer option is selected in Interest Instructions.

Principal Maturity Instruction




Instructions [Conditional, Drop-Down]

Select the Principal Maturity Instruction for the deposit from the drop-down list.

This option is available if None is selected in the Interest Maturity Instruction Dropdown.

Renew Principle + Interest

These option are available if Account Transfer is selected in Interest Maturity Instruction Dropdown

Renew Principle only

Transfer Principle to account

Renew Special amount

Account [Conditional, Drop-Down]

Select the account to which the principal is to be transferred at maturity from the drop-down list.

This field will be defaulted to the account selected in the Interest Maturity Instructions if the Transfer Principle to account option is selected in the Instructions in Interest Maturity Instructions and Close on Maturity is selected in the instructions in Principal Maturity instructions.

Rollover Amount [Conditional, Drop-Down]

Select the amount which will be renewed at maturity from the dropdown list.

This field will be activated only if Renew Special Amount option is selected in the instructions.

3. Click the Submit button. The system displays the Open Contract Deposit - Verify screen.

Open Contract Deposit - Verify



4. Click the Confirm button. The system displays the Open Contract Deposit – Confirmation screen. OR Click the Change button to change the details.

Open Contract Deposit - Confirmation

5. Click the Open Another Deposit button to return to the Open Contract Deposit screen.



11. Structured Deposit Subscription

This option allows the user to subscribe for a new Structured Deposit. A Structured Deposit is a combination of Term Deposit with the Fixed Rate to return along with a NAV based fluctuating returns. The Structured Deposits enable customers to invest in the instruments linked to difference asset classes such as interest rates, equities, commodities, foreign exchange and credit without directly investing in the underlying assets. The Structured Deposits gives an opportunity to the customers to earn higher returns than in a Regular Savings Account. The returns from the Structured Deposits are potentially higher than a Plain Vanilla Deposit. However, the returns are not assured as it depends on the performance of the underlying assets.

To Navigate to the Structured Deposit Subscription:

1. Navigate through menus, Accounts > Deposits > Structured Deposit Subscription to view the Structured Deposit Subscription Details.

Structured Deposit subscription

Field Description


Scheme Type

Choose Structured Deposit scheme

[Mandatory, Drop-Down]

Select the appropriate Structured Deposit Schemes from the drop-down list.

2. Click the Go button. The system displays the scheme details in the Structured Deposit Subscription screen.




Field Description


Scheme Details

Scheme Description

[Display]

This field displays the Description of the Scheme

Subscription Start Date

[Display]

This field displays the Start Date of the subscription.

Subscription End Date

[Display]

This field displays the End Date of the subscription.

Launch Date [Display]

This field displays the Launch Date of the subscription.

Currency [Display]

This field displays the Currency of the Scheme

Amount Subscribed Per Unit

[Display]

This field displays the Amount to be subscribed per unit

Minimum Subscription Amount

[Display]

This field displays the minimum Subscription Amount

Minimum Launch Amount

[Display]

This field displays the minimum Launch Amount




Maximum Launch Amount

[Display]

This field displays the maximum Launch Amount

Subscription Amount

[Mandatory, Numeric 15]

Type the Subscription Amount

Source Account [Mandatory, Dropdown]

Select the CASA Account from which the money is withdrawn from the dropdown list.

Liquidation Account

[Mandatory, Dropdown]

Select the CASA Account into which the money is deposited on liquidation from the dropdown list.

3. Click the Submit button. The system displays the Verify Structured Deposit Subscription screen.

Verify Structured Deposit Subscription

4. Click the Confirm button. The system displays the Confirm Structured Deposit Subscription screen. OR Click the Back button to navigate to the previous screen.



Confirm Structured Deposit subscription

5. Click e-receipt to generate an e-receipt for the subscription done.

6. Click the OK button. The system displays the Structured Deposit Subscription screen.

Structured Term Deposit Status


12. Structured Term Deposit Status

This option allows you to view the Status of a Structured Term Deposit.

To Navigate to the Structure Term Deposit Status:

1. Navigate through menus, Accounts > Deposits > Structured TD Status to view the Structured TD Status Details.

View Structure TD Status

Field Description


Structured Deposit Scheme

[Mandatory, Drop-Down]

Select the appropriate Structured Deposit Scheme from the type of Structured Deposits mentioned in the dropdown list.

Subscription Reference Number

[Optional Alphanumeric,20]

Input the proper Reference Number for which the status is to be viewed.


Select the appropriate CASA Account Number from the dropdown for which you want to view the status of the Structured Deposit.

Subscription From Date

[Optional , Pick list]

Select the Subscription From Date from the Date Picker.

Subscription To Date

[Optional , Pick list]

Select the Subscription To Date from the Date Picker.

Currency [Optional, Drop-Down]

Select the Currency of the Structured Deposit from the Dropdown.




From Amount [Optional ,Numeric, 13,2]

Input the From Amount for the search criteria for the Structured Deposit Status.

To Amount [Optional ,Numeric,13,2]

Input the To Amount for the search criteria for the Structured Deposit Status.

Subscription Status

[Optional, Drop-Down]

Select the Status of the Structured Deposit as Search criteria.

2. Click the Search button. The system displays the Subscription Deposit Status Search Result in the View Structure TD Status screen.

View Structure TD Status



Field Description


Structured Deposit Scheme

[Display]

This column displays the name of the scheme.

Subscription Reference Number

[Display]

This column displays the Reference Number of the Subscription.

Source Account Number [Display]

This column displays the Account Number of the Source Account for the Scheme.

Date [Display]

This column displays the Subscription Date of the Deposit.

Amount [Display]

This column displays the Amount of the Subscription Deposit with Currency.

Currency [Display]

This column displays the Currency of the Subscription Deposit.

Subscription Status [Display]

This column displays the Status of the Subscription Deposit.

TD Account Number [Display]

This column displays the Term Deposit Account Number for the Subscription Deposit.

Term Deposit Branch [Display]

This column displays the Branch of the Subscription Deposit.

3. Click or to navigate to the next or previous page in the list, respectively.

4. Click or to navigate to the first or last page in the list, respectively.

5. To download the complete statement, click the Download button. The system displays the Structure TD Status dialog screen.

6. Click the Reorder button to reorder the columns or select the columns that appear in the list.

7. Click the Print button to print the data.

8. Click on Edit button column to edit the number of columns.



Structure TD Status

Field Description


Download Type [Mandatory, Drop-Down]

Select the appropriate Report Type from the drop-down list. The available choices are:

Page Layout

File Format [Conditional, Drop-Down]

Select the appropriate Type of File Format from the drop-down list. The options available are:

PDF

XLS

HTML

RTF

Included This box lists all the fields that will be included in the report.

Excluded This box lists all the fields that will be excluded from the report.

9. Select the fields that are to be excluded from the included box and click the button. The excluded box appears on the left-side of the dialog box.

10. Select the fields that are to be included from the excluded box and click the button. The included box appears on the right-side of the dialog box. All the fields are, by default, selected and included.

11. Select the appropriate Report Type, Format, and fields from the Download Deal Details and click the Download button. The system displays the File Download message box.



File Download

12. Click the Save button to save the file on your file system. The system displays the Save As dialog box.

13. Enter the name for the file and the location and click on the Save button. Once the download is complete, the system displays the Download Complete message box.

Download Complete

14. Click the Open button to open the file or click the Close button to view the file later.0. OR Click the Open Folder button to open the folder in which the file is saved. OR Click the Close button to close the Download dialog box.

Oracle FLEXCUBE Direct Banking...Introduction User Manual Oracle FLEXCUBE Direct Banking Corporate...

Documents

Transcript of Oracle FLEXCUBE Direct Banking...Introduction User Manual Oracle FLEXCUBE Direct Banking Corporate...